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Thread: Who will inherit your debt when you die?
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Old 10-12-2014, 02:42 PM
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CFrance CFrance is offline
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Originally Posted by kstew43 View Post
i am trying to figure out what is your meaning....the money coming from retirement account i don't think has to have a specific designation..or am I wrong.....I realize its ordinary income, but my income is a lot less then when I was working.....so is my tax bracket.....so what did I miss....

I always love to hear ways to protect my money that I may have missed...

a mortgage gives you a little tax deduction because of the interest you pay on the loan, my kids can more than likely sell the house for more than I paid...so no problem there.... and I believe a mortgage frees up funds for fun....my opinion anyway....
Agree with everything you and BTK have said.
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